Senate Bill: Can it possibly be true that the mandate kicks in before the exclusion of pre-existing conditions?
The mandate can be found in Section 5000A. It kicks in a year before the pre-existing exclusion exclusion does. Each month an individual goes without insurance, he or she is taxed, to be reported on his or her tax return, 1/12 of something that will be called the Applicable Dollar amount which has been set at $750 with some restrictions and limitations, a phase-in provision and a cost of living adjustment. It's pretty convoluted, so if you do your own taxes because you cannot afford either an accountant or insurance, you'll really have a problem.
Can that be true?
Wouldn't it make sense to fix the pre-existing condition policy first, and only then mandate coverage?